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 Asset Backed Solutions ABS

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FairyCheek
post Feb 10 2023, 07:01 AM

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QUOTE(xander2k8 @ Feb 9 2023, 06:21 PM)
Seems you are hesistant yet you still asking ppl to join πŸ€¦β€β™€οΈ

It is just another scam by pulling you small gains and put in more in the future

Another Zillion Wealth in the making soon πŸ‘
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The vibe is off, scam or no, i am not sure yet. But not asking anyone to join to invest. Just join the talk/sharing and me your own decision and perhaps share your thoughts here, on the overall sharing by them. Not
contestchris
post Feb 10 2023, 01:24 PM

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QUOTE(FairyCheek @ Feb 9 2023, 04:25 PM)
For the asset investment, there is S&P to be signed off by both parties. Loan processing through the banks. For this asset investment, quite a big amount (just like housing loan), so i did not take up. I am still sceptical actually. Attend the talk/presentation few times, i wasnt quite impressed tbh. The vibe is macam skim cepat kaya, siapa cepat dia dapat. But surprisingly, even a top insurance agent (quite high ranking) also joined and manage to pull their client to join in. It seems very promising. But again, i am scared to put in large amount of fund.
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Are you conman pretending to be blur blur? LOL

This post has been edited by contestchris: Feb 10 2023, 01:25 PM
Zero Correlation
post Feb 10 2023, 04:00 PM

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QUOTE(MUM @ Feb 8 2023, 01:06 PM)
I think, some would also keen to know what that company invested in with the money. As the more than 36% pa returns  is very high. They maybe doubt the sustainability of the payout.

Is there documented evidence that that product is really from Yong Tai Berhad?
That company that offer that scheme may just be a subsidary. Thus not much direct legal implications to YongTai Berhad if a subsidiary were to close down.

Did Yong Tai Berhad sign any documents directly with YOU?

If your agreement are made with that subsidary or your payment are made to that subsidary....Go chase after the subsidary, not Yong Tai Berhad.
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https://ytbcap.com/program-structure
Hmm, very interesting, if it's outright paying the fixed investment returns, it sounds like deposit taking scheme which is not allowed without license. But then it also talks about subscription units and the redemption page talks about utilising subscription units to redeem tickets or hotel stay etc. Means cannot get back cash?

Btw, this is probably very new, Yong Tai's last annual report for June 2022 states that this subsidiary is dormant.
FairyCheek
post Feb 10 2023, 11:35 PM

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What i could share is there are 3 types of investment plan offer from abs. I would say the one i invested in, i find it the safest, one year locking period despite the odd-vibe during the sharing session. Janji profit πŸ˜†
Not gonna share any further as some negative minded would assume im the sales agent, conman, scammer, blah blah.
I am gonna wait for one year to get back my fund and my monthly profit.
rae0724
post Feb 12 2023, 12:22 PM

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QUOTE(FairyCheek @ Feb 10 2023, 11:35 PM)
What i could share is there are 3 types of investment plan offer from abs. I would say the one i invested in, i find it the safest, one year locking period despite the odd-vibe during the sharing session. Janji profit πŸ˜†
Not gonna share any further as some negative minded would assume im the sales agent, conman, scammer, blah blah.
I am gonna wait for one year to get back my fund and my monthly profit.
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do you mind share to us again after 6 months maybe?
I am actually quite interested but well, I also worried it's a scam

xander2k8
post Feb 12 2023, 05:00 PM

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QUOTE(rae0724 @ Feb 12 2023, 12:22 PM)
do you mind share to us again after 6 months maybe?
I am actually quite interested but well, I also worried it's a scam
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It is scam already from the red flags yet you wanna ask πŸ€¦β€β™€οΈ

Just be prepaid all your money to lose will picking up only scraps πŸ€¦β€β™€οΈ
rae0724
post Feb 12 2023, 07:43 PM

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QUOTE(xander2k8 @ Feb 12 2023, 05:00 PM)
It is scam already from the red flags yet you wanna ask πŸ€¦β€β™€οΈ

Just be prepaid all your money to lose will picking up only scraps πŸ€¦β€β™€οΈ
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I just asking for review...
no wonder ppl scare sharing anymore here
pls be open minded la
If scam also no wrong to ask for more info right?

btw am I saying I will invest or put money in?
zzzzz triggered

This post has been edited by rae0724: Feb 12 2023, 07:44 PM
FairyCheek
post Feb 12 2023, 09:52 PM

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QUOTE(rae0724 @ Feb 12 2023, 12:22 PM)
do you mind share to us again after 6 months maybe?
I am actually quite interested but well, I also worried it's a scam
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Sure, i will definitely share here. I am confident to get back all my invested fund and profit! biggrin.gif
FairyCheek
post Feb 12 2023, 09:55 PM

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QUOTE(rae0724 @ Feb 12 2023, 07:43 PM)
I just asking for review...
no wonder ppl scare sharing anymore here
pls be open minded la
If scam also no wrong to ask for more info right?

btw am I saying I will invest or put money in?
zzzzz triggered
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Yes...haha..probably he got scammed before.
But i will share the review here icon_idea.gif
xander2k8
post Feb 12 2023, 10:11 PM

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QUOTE(FairyCheek @ Feb 12 2023, 09:55 PM)
Yes...haha..probably he got scammed before.
But i will share the review here  icon_idea.gif
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I never get scammed before because I won’t put in the money for something is not possible and regulated πŸ€¦β€β™€οΈ

Just want to wait for a year and see you pick up the scraps instead πŸ‘
rae0724
post Feb 13 2023, 09:01 AM

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QUOTE(xander2k8 @ Feb 12 2023, 10:11 PM)
I never get scammed before because I won’t put in the money for something is not possible and regulated πŸ€¦β€β™€οΈ

Just want to wait for a year and see you pick up the scraps instead πŸ‘
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so sarcastic
behave like a mature adult lah
he/she already don't mind trying, and willing to share us the result

rae0724
post Feb 13 2023, 09:05 AM

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QUOTE(FairyCheek @ Feb 12 2023, 09:55 PM)
Yes...haha..probably he got scammed before.
But i will share the review here  icon_idea.gif
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For sure no, he probably those type of people that need people to agree same thought with him
if you are his opposite site, then he will just think you are stupid, and use those sarcastic words with funny emoji to mock you
I mean, here's the place to share different opinion and thoughts, discussion are all welcoming, but not that type


xander2k8
post Feb 13 2023, 01:59 PM

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QUOTE(rae0724 @ Feb 13 2023, 09:01 AM)
so sarcastic
behave like a mature adult lah
he/she already don't mind trying, and willing to share us the result
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You are even worse letting him to be lab rat instead πŸ€¦β€β™€οΈ while you sit by idling πŸ€¦β€β™€οΈ
xander2k8
post Feb 13 2023, 02:02 PM

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QUOTE(rae0724 @ Feb 13 2023, 09:05 AM)
For sure no, he probably those type of people that need people to agree same thought with him
if you are his opposite site, then he will just think you are stupid, and use those sarcastic words with funny emoji to mock you
I mean, here's the place to share different opinion and thoughts, discussion are all welcoming, but not that type
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I am not the type who needs ppl to agree with me in fact I am the opposite as I like ppl who oppose

Red read flags are already there yet you wanna throw yourself to the sharks and by all means go ahead πŸ€¦β€β™€οΈ

Wait till very soon when BNM and their friends start cracking these down won’t be long πŸ‘
ronnie
post Mar 5 2023, 10:42 PM

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QUOTE(FairyCheek @ Feb 10 2023, 11:35 PM)
What i could share is there are 3 types of investment plan offer from abs. I would say the one i invested in, i find it the safest, one year locking period despite the odd-vibe during the sharing session. Janji profit πŸ˜†
Not gonna share any further as some negative minded would assume im the sales agent, conman, scammer, blah blah.
I am gonna wait for one year to get back my fund and my monthly profit.
*
Good luck... to make real money you need to find "more referrals" or else your capital is a goner unless then scheme last >2 years
xander2k8
post Mar 5 2023, 10:43 PM

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QUOTE(ronnie @ Mar 5 2023, 10:42 PM)
Good luck... to make real money you need to find "more referrals" or else your capital is a goner unless then scheme last >2 years
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Just wait another 9 months to see whether he can get back his money 1st no need so long πŸ€¦β€β™€οΈ because by then it is long gone already
ronnie
post Mar 5 2023, 10:52 PM

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Scam is for sure with lots of red flags.
But you can make money if you play the right game by getting more people to join i.e. feed the ponzi hahahaha
xander2k8
post Mar 6 2023, 12:46 AM

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QUOTE(ronnie @ Mar 5 2023, 10:52 PM)
Scam is for sure with lots of red flags.
But you can make money if you play the right game by getting more people to join i.e. feed the ponzi hahahaha
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If you feed and exit early and not to greedy yes

But most will be greedy hence burnt πŸ€¦β€β™€οΈ
ronnie
post Mar 6 2023, 02:57 PM

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QUOTE(xander2k8 @ Mar 6 2023, 12:46 AM)
If you feed and exit early and not to greedy yes

But most will be greedy hence burnt πŸ€¦β€β™€οΈ
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Greedy gets burnt is a good lesson for them... early bird catches the worm.
xander2k8
post Mar 6 2023, 06:23 PM

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QUOTE(ronnie @ Mar 6 2023, 02:57 PM)
Greedy gets burnt is a good lesson for them... early bird catches the worm.
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Same goes with any regulation investment never ever go for anything hyped up because you will get burnt easily πŸ€¦β€β™€οΈ


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